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Greek PM Resigning? Or Not?

Announcement will come in just minutes, according to BBC
By Kate Seamons,  Newser Staff
Posted Nov 3, 2011 8:11 AM CDT
Updated Nov 3, 2011 8:46 AM CDT
Papandreou to Resign: Sources
Greek Prime Minister George Papandreou arrives at an emergency cabinet meeting at the Greek parliament in Athens, on Thursday, Nov. 3, 2011.   (AP Photo/Thanassis Stavrakis)

(Newser) – George Papandreou will offer to resign within minutes, sources tell the BBC—which in a live blog also reports that he insists he is not resigning. The Greek PM scheduled an emergency Cabinet meeting after Finance Minister Evangelos Venizelos broke with him today, shrinking his majority to one; the sources say his announcement will come as soon as that meeting has concluded. But the BBC also reports that Greek state TV is saying that Papandreou told attendees of the Cabinet meeting that he was not resigning. Stay tuned. (Read more George Papandreou stories.)

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